BNET Industries

Market Cap:$45.1M
Last Fiscal Year Sales:$1.5M
  • Public
  • US
Dow Jones Description

We are a biopharmaceutical company focused on the development and commercialization of small molecule drugs for the treatment of central nervous system disorders. We currently are developing a portfolio consisting of our five most advanced product candidates including pimavanserin, which is in Phase III development for Parkinsons disease psychosis in collaboration with Biovail Laboratories International SRL (Biovail), a subsidiary of Biovail Corporation. In addition to pimavanserin, we have a product candidate in Phase II development for chronic pain and a product candidate in Phase I development for glaucoma, each in collaboration with Allergan, Inc., as well as two programs in IND-track development. All of the product candidates in our pipeline emanate from discoveries made using our proprietary drug discovery platform. We have incurred substantial operating losses since our inception due in large part to expenditures for our research and development activities. In August 2008, we implemented a strategic restructuring designed to focus resources primarily on our most advanced product candidates, including pimavanserin, and to provide additional financial flexibility and strength. At June 30, 2009, we had an accumulated deficit of $321.8 million. ...

Number of Employees 63
Contact Information

3911 Sorrento Vly Blvd

San Diego, California 92121

acadia-pharm.co...

1 858 558 2871

NAICS Code Pharmaceutical Preparation Manufacturing: 325412

Recent Events

  • ACADIA Pharmaceuticals Reports Third Quarter 2009 Financial Results

    11/10/09 - Financial Announcement - View Story

  • Biovail, Acadia To Contiune Development Of Pimavanserin Program For Parkinson's

    10/06/09 - Joint Venture / Alliance - View Story

  • ACADIA Pharmaceuticals ACAD Shares Rise Sharply on Pimavanserin Update

    10/06/09 - Bond / Stock Rating - View Story

  • Stocks in the Spotlight Tuesday

    9/01/09 - Bond / Stock Rating - View Story

  • Biovail stumbles on Phase III testing for Parkinson's drug

    9/02/09 - Joint Venture / Alliance - View Story

  • Disappointing Clinical Trial Pummels Acadia

    9/15/09 - Bond / Stock Rating - View Story

  • ACADIA Pharmaceuticals Reports Second Quarter 2009 Financial Results

    8/05/09 - Financial Announcement - View Story

News & Analysis

acadia pharmaceuticals inc. and finance - All News and Analysis

Decision Makers

Name (plus bio) Position
Uli Hacksell CEO
David K. Bol President
Thomas H. Aasen Vice President, Chief Financial Officer, Secretary and Treasurer
Robert Davis Executive Vice President, Drug Discovery & Development
Roger G. Mills Executive Vice President, Development
Roger M. Mills Executive Vice President, Development
Brian Lundstrom Senior Vice President, Business Development
Bo-Ragnar Tolf Vice President, Mg. Director Acadia Pharma Ab
Daniel P. van Kammen Vice President, Clinical Development
David C. Furlano Vice President, Regulatory Affairs
Douglas Richards Vice President, Business Development
Douglas W. Bonhaus Vice President, Biosciences
John J Kaiser Vice President, Strategic Marketing and Commercial Development
Lisa Barthelemy Director, Investor Relations
Kirk Crowford Controller
Laura Brege Director
Lester J. Kaplan Director
Mary Ann Gray Director
Michael T. Borer Director

Board of Directors

Name (plus bio) Position
Leslie Iversen Chairman
Alan G. Walton Board of Directors
Allan I Levey advisory board member
Arvid Carlsson Board of Directors
Carl Gordon Board of Directors
Carol Tamminga Board of Directors
Dr Marc G Caron Board of Directors
Gordon Binder Board of Directors
Henry Bourne Board of Directors
Herbert Y. Meltzer Board of Directors
Mark R. Brann Board of Directors
Paul S. Anderson Board of Directors
Torsten Rasmussen Board of Directors

Uli Hacksell, Ph.D. has served as our Chief Executive Officer since September 2000 and as a member of our board of directors since October 2000. From February 1999 to September 2000, he served as our Executive Vice President of Drug Discovery. From August 1991 to February 1999, Dr. Hacksell held various senior executive positions at Astra, a pharmaceutical company, including Vice President of Drug Discovery and Technology as well as President of Astra Draco, one of Astra's largest research and development subsidiaries, where he directed an organization of more than 1,100 employees. From August 1991 to May 1994, he served as Vice President of CNS Preclinical R&D at Astra Arcus, another subsidiary. Earlier in his career, Dr. Hacksell held the positions of Professor of Organic Chemistry and Department Chairman at Uppsala University in Sweden and also served as Chairman and Vice Chairman of the European Federation of Medicinal Chemistry. Dr. Hacksell received a Master of Pharmacy and a Ph.D. in Medicinal Chemistry from Uppsala University.

Organization Position Status
ACADIA Pharmaceuticals Inc. CEO Current
Drug Discovery Vice President Current
Action Pharma Chairman Current
ACADIA Pharmaceuticals Inc. Board of Directors Current
Sls Venture Board of Directors Current
Uppsala University Professor of Organic Chemistry Former
Uppsala University Chairman of the Department of Organic Pharmaceutical Chemistry Former
Uppsala University Ph.D. Degree In Medicinal Chemistry Former
Uppsala University Master of Pharmacy Former
ACADIA Pharmaceuticals Inc. Member Former

David K. Bol, Ph.D. has served as Vice President of Pharmaceutical Development since April 2005. Dr. Bol joined Avalon in September 2002 as a Senior Scientific Director. Prior to joining Avalon, Dr. Bol worked at Bristol-Myers Squibb since 1996 and was Group Leader and Principal Scientist at Bristol-Myers Squibb since 2001. Prior to Bristol-Myers Squibb, Dr. Bol was a Faculty Research Associate in the Department of Carcinogenesis at the M.D. Anderson Cancer Center in Houston, Texas. Dr. Bol holds a Ph.D. in Molecular and Cell Biology from University of Maryland and a B.S. from The University of Rochester, New York. Alan G. Walton, Ph.D., D.Sc. is a co-founder of Avalon and has served as a member and Chairman of our board of directors since Avalon s inception in November 1999. Since 1987, Dr. Walton has been a general partner of Oxford Bioscience Partners, a venture capital firm investing in life sciences enterprises. Prior to joining Oxford Bioscience Partners, Dr. Walton was President and Chief Executive Officer of University Genetics Co. Dr. Walton serves on the board of directors of Alexandria Real Estate Equities, Inc., Acadia Pharmaceuticals, Inc. and Advanced Cell Technologies, Inc. He previously has served as the Chairman of the Board of Directors or as a Director for numerous private and public biotechnology companies, including Human Genome Sciences and Gene Logic Inc. He was a professor at Case Western Reserve University and Harvard Medical College from 1961 to 1981 and a member of President Carter s Technology Transfer Committee from 1976 to 1977. Dr. Walton holds a Ph.D. in Physical Chemistry, a D.Sc. in Biological Chemistry and a B.S. in Chemistry, each from the University of Nottingham and in 2005 received a honorary LLD degree in recognition of his lifetime achievement in life sciences, also from the University of Nottingham.

Organization Position Status
ACADIA Pharmaceuticals Inc. President Current
Avalon Pharmaceuticals, Inc. Vice President of Pharmaceutical Development Current
Oxford Bioscience Partners General Partner Current
Alexandria Real Estate Equities Inc. Board of Directors Current
Case Western Reserve University President Former
Avalon Pharmaceuticals, Inc. Senior Scientific Director Former
Case Western Reserve University Professor Former
Bristol-Myers Squibb Company Group Leader and Principal Scientist Former
Ore Pharmaceuticals Inc. Chairman Former
Human Genome Sciences, Inc. Chairman Former
Human Genome Sciences, Inc. Director Former
University of Maryland Ph.D Former
University of Nottingham B.S. In Chemistry, Each Former
University of Rochester B.S. Former
University of Nottingham Life Sciences Former

Thomas H. Aasen, CPA has served as our Vice President, Chief Financial Officer, Secretary and Treasurer since April 1998. Prior to joining us, Mr. Aasen held the position of Senior Director of Finance and Administration at Axys Pharmaceuticals, a publicly traded life sciences company formerly called Sequana Therapeutics, where he was employed from June 1996 to April 1998. Earlier in his career, Mr. Aasen held various financial management positions including Director of Finance at Genta, Inc. and Director of Accounting at Gen-Probe, Inc., both publicly traded life sciences companies, and Audit Manager at KPMG Peat Marwick. He has over 23 years of professional finance and accounting experience focused primarily on the life sciences industry. Mr. Aasen received a B.S. degree with honors from San Diego State University and is a Certified Public Accountant.

Organization Position Status
ACADIA Pharmaceuticals Inc. Vice President, Chief Financial Officer, Secretary and Treasurer Current
Genta Incorporated Director of Finance Current
Gen-Probe Inc. Director of Accounting Former
Axys Pharmaceuticals Director of Finance and Administration Former
KPMG International Audit Manager Former
San Diego State University B.S. Degree With Honors Former

Organization Position Status
ACADIA Pharmaceuticals Inc. Executive Vice President, Drug Discovery & Development Current

Roger G. Mills, M.D. was appointed Executive Vice President, Development, effective June 30, 2006. Prior to joining us, Dr. Mills held the position of Vice President, Development at Pfizer Global R&D for a five-year period. In this capacity, he was responsible for the management and direction of drug development activities at the Pfizer site in La Jolla, California, and played a key role in the development of Sutent , a new multikinase inhibitor for patients with advanced renal cell carcinoma and gastrointestinal stromal tumors. Prior to joining Pfizer, Dr. Mills held senior clinical management positions at Gilead, where he served as project leader in the development of Tamiflu , a leading treatment for influenza, and at Abbott Laboratories, where he played an important role in the development of antiviral drugs. Earlier in his career, he held several senior positions at the Wellcome Foundation, including Scientific Advisor for Group Marketing and Therapeutic Area Head, Cardiovascular Marketing. Dr. Mills received his medical degree at the Charing Cross Hospital Medical School in London and his specialized medical training at the Royal College of General Practitioners in London.

Organization Position Status
ACADIA Pharmaceuticals Inc. Executive Vice President, Development Current
Abbott Laboratories Former
Pfizer Inc. Former
Royal College Former

Roger M. Mills, M.D. has served as our Executive Vice President, Development since June 2006. Prior to joining us, Dr. Mills held the position of Vice President, Development at Pfizer Global R&D, a division of Pfizer Inc., for a five-year period. In this capacity, he was responsible for the management and direction of drug development activities at the Pfizer campus in La Jolla, California, and played a key role in the development of Sutent , a new multikinase inhibitor for patients with advanced renal cell carcinoma and gastrointestinal stromal tumors. Prior to joining Pfizer, Dr. Mills held senior clinical management positions at Gilead Sciences, where he served as project leader in the development of Tamiflu , a leading treatment for influenza, and at Abbott Laboratories, where he played an important role in the development of antiviral drugs. Earlier in his career, he held several senior positions at the Wellcome Foundation, including Scientific Advisor for Group Marketing and Therapeutic Area Head, Cardiovascular Marketing. Dr. Mills received his medical degree at the Charing Cross Hospital Medical School in London and his specialized medical training at the Royal College of General Practitioners in London.

Organization Position Status
ACADIA Pharmaceuticals Inc. Executive Vice President, Development Current

Brian Lundstrom has served as our Senior Vice President, Business Development since November 2004. Prior to joining us, Mr. Lundstrom held the position of Vice President, Business Development at Genzyme Corporation where he led the integration and outlicensing of assets from SangStat Medical Corporation that he had joined in 2000 and helped grow through partnering until sale of the company to Genzyme in 2003. Earlier in his career, Mr. Lundstrom held increasingly senior business, clinical and product development positions with discovery-based and commercially operating Oxford GlycoSciences (1998-2000), Novo Nordisk (1990-1997) and Immuntech (1986-1989). Mr. Lundstrom has negotiated over 40 deals on discovery technologies, clinical-stage product candidates and marketed products. He holds an M.S. in biotechnology from the Danish Technical University and an MBA equivalent degree in international business and finance from Copenhagen Business School and Seattle University.

Organization Position Status
ACADIA Pharmaceuticals Inc. Senior Vice President, Business Development Current
Genzyme Corporation Vice President, Business Development Former
Novo Nordisk, Inc. Former
Copenhagen Business School MBA equivalent degree in international business and finance Former
Seattle University Former

Organization Position Status
ACADIA Pharmaceuticals Inc. Vice President, Mg. Director Acadia Pharma Ab Current
ACADIA Pharmaceuticals Inc. Vice President, Chemistry and Managing Director of Acadia Pharmaceuticals Ab Former
Kabi Head of the Department Former
Uppsala University Ph.D. In Organic Pharmaceutical Chemistry Former
University of Uppsala Ph.D. In Organic Pharmaceutical Chemistry Former
University of Uppsala Master of Pharmacy Degree Former
Uppsala University Master of Pharmacy Degree Former

Organization Position Status
ACADIA Pharmaceuticals Inc. Vice President, Clinical Development Current

Organization Position Status
ACADIA Pharmaceuticals Inc. Vice President, Regulatory Affairs Current

Organization Position Status
ACADIA Pharmaceuticals Inc. Vice President, Business Development Current

Organization Position Status
ACADIA Pharmaceuticals Inc. Vice President, Biosciences Current

John J. Kaiser has served as our Vice President, Strategic Marketing and Commercial Development, since February 2008. Prior to joining ACADIA, Mr. Kaiser held a variety of marketing and commercial management positions over a more than 25-year career at Eli Lilly. Mr. Kaiser served as Director, Neuroscience Strategy and New Product Planning where he was responsible for the development of Eli Lilly's global neuroscience commercial strategy. Previously, he held senior level positions in global commercial development, market research, and brand management. In these various roles, Mr. Kaiser was responsible for establishing the business and brand strategy for Cymbalta®, developing global market research in support of the successful launch of Zyprexa®, and managing the global Prozac® brand and associated marketing activities. Earlier in his career at Lilly, he served as Managing Director of Eli Lilly Netherlands, and held a variety of positions in pharmaceutical sales and sales management. Mr. Kaiser earned a Bachelors of Science in Pharmacy from the University of Cincinnati College of Pharmacy.

Organization Position Status
ACADIA Pharmaceuticals Inc. Vice President, Strategic Marketing and Commercial Development Current

Organization Position Status
ACADIA Pharmaceuticals Inc. Director, Investor Relations Current
ACADIA Pharmaceuticals Inc. Board of Directors Current

Organization Position Status
ACADIA Pharmaceuticals Inc. Controller Current

Leslie Iversen (PhD) is Director of the Wolfson Centre for Research on Age-Related Diseases at Kings College London, Visiting Professor at the Department of Pharmacology, University of Oxford, and founder of the pharmaceutical company Panos Therapeutics Ltd. He was previously Director of the Neuroscience Research Centre set up by the international pharmaceutical company Merck & Co Inc in Harlow, Essex, UK (1983-1995) and Director of the UK Medical Research Council Neurochemical Pharmacology Unit in Cambridge, England (1970-1983). He is the author of several books and of more than 350 scientific publications and is a Fellow of the Royal Society of London and a Foreign Associate of the National Academy of Sciences, USA. He acted as the specialist adviser to the House of Lords Science & Technology Committee's enquiry into Cannabis, 1998 and his most recent books are "The Science of Marijuana", Oxford University Press, 2000 and "A Very Short Introduction to Drugs", Oxford University Press, 2001.

Organization Position Status
Department of Pharmacology Visiting Professor Current
University of Oxford Visiting Professor Current
Neurome, Inc. Current
ACADIA Pharmaceuticals Inc. Chairman Current
Lectus Therapeutics Ltd. Board of Directors Current
Merck & Co. Inc. Vice President of Neuroscience Research Former
Hammersmith Hospital Professor of Pharmacology Former
King's College Professor of Pharmacology Former
University of Cambridge Ph.D. Former
University of Cambridge B.A. Former

Alan G. Walton, Ph.D., D.Sc. is a co-founder of Avalon and has served as a member and Chairman of our board of directors since Avalon s inception in November 1999. Since 1987, Dr. Walton has been a general partner of Oxford Bioscience Partners, a venture capital firm investing in life sciences enterprises. Prior to joining Oxford Bioscience Partners, Dr. Walton was President and Chief Executive Officer of University Genetics Co. Dr. Walton serves on the board of directors of Alexandria Real Estate Equities, Inc., Acadia Pharmaceuticals, Inc. and Advanced Cell Technologies, Inc. He previously has served as the Chairman of the Board of Directors or as a Director for numerous private and public biotechnology companies, including Human Genome Sciences and Gene Logic Inc. He was a professor at Case Western Reserve University and Harvard Medical College from 1961 to 1981 and a member of President Carter s Technology Transfer Committee from 1976 to 1977. Dr. Walton holds a Ph.D. in Physical Chemistry, a D.Sc. in Biological Chemistry and a B.S. in Chemistry, each from the University of Nottingham and in 2005 received a honorary LLD degree in recognition of his lifetime achievement in life sciences, also from the University of Nottingham.

Organization Position Status
Avalon Pharmaceuticals, Inc. Co-Founder Current
Oxford Bioscience Partners General Partner Current
Biotechnology Venture Investors Group Founding Chairman Current
Psychiatric Genomics Chairman Current
ACADIA Pharmaceuticals Inc. Board of Directors Current
Asterand, Inc. Board Member Current
Alexandria.Com Board of Directors Current
Psychiatric Genomics Board Member Current
Alexandria Real Estate Equities Inc. Board of Directors Current
Case Western Reserve University President Former
Oxford Bioscience Partners Founder Former
Human Genome Sciences, Inc. Founder Former
Ore Pharmaceuticals Inc. Founder Former
Oxford Partners General Partner Former
Indiana University Lecturer Former
Ore Pharmaceuticals Inc. professor at Case Western Reserve University Former
Harvard Medical School Lecturer Former
Ore Pharmaceuticals Inc. Chairman Former
Human Genome Sciences, Inc. Chairman Former
Human Genome Sciences, Inc. Director Former
Avalon Pharmaceuticals, Inc. Board of Directors Former
Advanced Cell Technology, Inc Board of Directors Former
University of Nottingham Ph.D. in Physical Chemistry Former
University of Nottingham B.S. In Chemistry, Each Former
University of Nottingham Degree In Recognition Former
Case Western Reserve University Member Former

Allan I. Levey, M.D., Ph.D. is Professor of Neurology, Psychiatry and Behavioral Sciences and Pharmacology at Emory University. He is Director of the Neurobehavioral Program, the Emory Center for Neurodegenerative Diseases and the Emory Alzheimer's Disease Center Clinical Core. Dr. Levey has done extensive research in the molecular neurobiology of Alzheimer's and Parkinson's diseases including human clinical trials. He has received numerous awards, including the Derek Denny-Brown Neurological Scholar Award from the American Neurological Association, Faculty Scholar Awards from the Alzheimer Association and the Heikkila Research Scholar Award from the National Parkinson Foundation.

Organization Position Status
Emory University Professor of Neurology, Psychiatry and Behavioral Sciences and Pharmacology Current
Consumer Reports Best Buy Drugs Chairman Current
ACADIA Pharmaceuticals Inc. advisory board member Current
Alzheimer's Corporation Former

Arvid Carlsson, M.D., Ph.D. is Professor Emeritus of Pharmacology at the University of Göteborg, Sweden, and is a member of the Swedish Academy of Sciences and a foreign affiliate of the United States National Academy of Sciences. He was awarded the 2000 Nobel Prize for medicine for studies on how brain cells transmit signals to each other, laying the groundwork for developing improved treatments for neurological and psychiatric disorders. Dr. Carlsson is the recipient of numerous other awards, including The Japan Prize in Psychology and Psychiatry, The Research Prize of the Lundbeck Foundation (Denmark) and the Lieber Prize for research in schizophrenia (United States).

Organization Position Status
ACADIA Pharmaceuticals Inc. Board of Directors Current

Organization Position Status
ACADIA Pharmaceuticals Inc. Board of Directors Current

Organization Position Status
American College of Neuropsychopharmacology President Current
The University of Texas Southwestern Medical School Chief of Translational Neuroscience Research Current
The University of Texas Director of Translational Psychiatry Current
Department of Psychiatry Professor Current
Avera Pharmaceuticals, Inc. Chair Current
The Bipolar Prof of Psychiatry, Vice Chair of Clinical Research Current
Schizophrenia Research Forum Board of Directors Current
ACADIA Pharmaceuticals Inc. Board of Directors Current
Narsad Board of Directors Current
International Congress Founder Former
The University of Texas Southwestern Medical School Professor Former
University of Maryland Professor of Psychiatry Former
Southwestern Medical Center Former
Vanderbilt University School of Medicine Former

Organization Position Status
Xsira Pharmaceuticals, Inc. consultant Current
Duke University Medical Center Professor of Cell Biology Current
ACADIA Pharmaceuticals Inc. Board of Directors Current
Laval University Assistant Professor Former

Organization Position Status
Cellular Genomics Chief Executive Officer of Amgen Current
Coastview Capital, LLC Managing Director Current
Coastview Capital, LLC Founder Current
Pearl Street Venture Funds Current
ACADIA Pharmaceuticals Inc. Board of Directors Current
Cellular Genomics Board of Directors Current
Amgen Inc. CEO Former
PhRMA Chairman Former
Harvard Business School M.B.A. Former
Purdue University Bachelor's Degree In Electrical Engineering Former

Henry Bourne, M.D. has made significant contributions to the understanding of the signaling pathways used by G-protein coupled receptors. Dr. Bourne's research has focused on transmembrane signaling mediated by G-proteins. He is Professor of Medicine and Pharmacology and a Senior Staff Member of the Cardiovascular Research Institute at the University of California at San Francisco. He is a member of the National Academy of Sciences and a Fellow of the American Association for the Advancement of Science, and he is on the Board of Reviewing Editors of Science magazine.

Organization Position Status
National Academy of Sciences Board of Directors Current
ACADIA Pharmaceuticals Inc. Board of Directors Current
University of California, San Francisco Senior Staff Member Former
National Academy of Sciences member Former

Organization Position Status
Precisionmed Inc Medical Director Current
Vanderbilt University School of Medicine Director of The Psychobiology Program Current
Narsad Bixler, May, Johnson Professor of Psychiatry Current
Vanderbilt University School of Medicine Professor of Pharmacology Former
ACADIA Pharmaceuticals Inc. Board of Directors Current
Envivo Pharmaceuticals, Inc. Board of Directors Current
American College of Neuropsychopharmacology President Former
Case Western Reserve University School of Medicine Professor Former
University of Chicago Professor Former
Massachusetts Mental Health Center Former
Yale University MD Former
Yale University School of Medicine M.D. Former
Harvard University MA In Chemistry Former
Cornell University B.A. Former

Laura A. Brege joined Onyx in June 2006 as Executive Vice President & Chief Business Officer. In that role, she oversaw the expansion of key corporate capabilities and strengthened Onyx’s financial position by significantly adding to its cash reserves. She was promoted to her current position in October 2007 and is responsible for the sales and marketing, medical affairs, legal, and compliance functions. Before joining Onyx, Ms. Brege was a general partner at Red Rock Management, a venture capital firm. Prior to Red Rock, she was the Senior Vice President and Chief Financial Officer at COR Therapeutics. Earlier in her career, Ms. Brege served as Vice President and Chief Financial Officer at Flextronics and Vice President and Treasurer of The Cooper Companies. Ms. Brege earned her undergraduate degree from Ohio University and has an MBA from the University of Chicago. Ms. Brege serves on the boards of Angiotech Pharmaceuticals, Inc. and The Ohio University Foundation.

Organization Position Status
Onyx Pharmaceuticals, Inc. Chief Operating Officer Current
Onyx Chief Business Officer Current
Onyx Executive Vice President Current
Onyx Pharmaceuticals, Inc. Executive Vice President Current
Fundingpost.Com Partner, Red Rock Ventures Current
Red Rock Ventures Partner Current
The Press Democrat Board of Directors Current
Zvents, Inc. Board of Directors Current
Avexus Inc. Board of Directors Current
Angiotech Pharmaceuticals, Inc. Board of Directors Current
ACADIA Pharmaceuticals Inc. Director Current
Softcoin, Inc. Board of Directors Current
COR Therapeutics, Inc. Cfo Former
COR Therapeutics, Inc. Senior Vice President Former
The Cooper Companies, Inc. Vice President and Treasurer Former
Flextronics International Ltd. senior financial position Former
University of Chicago M.B.A. Former
Ohio University B.A. In Government Former
University of Chicago B.S. In Economics Former

Lester J. Kaplan, Ph.D. has served as a director of our company since November 1997. Dr. Kaplan was Executive Vice President and President, Research and Development at Allergan, Inc. from November 2003 to April 2004. Dr. Kaplan joined Allergan in 1983 and, prior to being appointed to Executive Vice President, was Corporate Vice President, Research and Development and Global BOTOX from June 1998 to November 2003. Dr. Kaplan was elected to Allergan's board of directors in 1994 and served in that capacity until April 2004. Dr. Kaplan is also a member of the board of Acucela Inc. and the National Neurovision Research Institute. Dr. Kaplan received a M.S. and Ph.D. in organic chemistry from the University of California, Los Angeles. Torsten Rasmussen has served as a director of our company since April 1998. Mr. Rasmussen has been President and CEO of Morgan Management ApS, a management advisory and consulting company, since 1997. Prior to founding Morgan Management ApS in 1997, Mr. Rasmussen held the position of Executive Vice President, Operations at the LEGO Group (LEGO A/S) in Denmark, since 1981. He currently serves as a board member in the capacity of chairman, deputy chairman or ordinary board member of a number of Danish companies of which the following are quoted on the Danish Stock Exchange: Coloplast A/S, Bang & Olufsen A/S, TK Development A/S, Vestas Wind Systems A/S and A/S Det Oestasiatiske Kompagni. Mr. Rasmussen holds an M.B.A. from IMD in Lausanne, Switzerland. Alan G. Walton, Ph.D., D.Sc. has served as a director of our company since March 2003. Dr. Walton joined Oxford Partners as a General Partner in 1987. In 1991, he founded Oxford Bioscience Partners and he is currently Senior Partner and Chairman of Oxford Bioscience Corporation. Previously, he was President and CEO of University Genetics Co., a public biotechnology company involved in technology transfer and seed investments in university-related projects. Prior to University Genetics, he taught at several institutions including Harvard Medical School, Indiana University and Case Western Reserve where he was Professor of Macromolecular Science and Director of the Laboratory for Biological Macromolecules. Dr. Walton serves on the Boards of Alexandria Real Estate Equities and Advanced Cell Technology, and is Chairman, as well as a Board member, of Avalon Pharmaceuticals and Psychiatric Genomics. He is also on the Board of Research!America, a philanthropic organization. Dr. Walton was a founder of Human Genome Sciences and GeneLogic and is the Founding Chairman of the Biotechnology Venture Investors Group. Dr. Walton received a Ph.D. in chemistry and a D.Sc. in biological chemistry from Nottingham University in England and in 2005 received an honorary LLD degree for his lifetime achievement in life sciences form Nottingham University. Uli Hacksell, Ph.D also serves as Chief Executive Officer and a member of the board of directors. For a description of his background, please see "Management Team."

Organization Position Status
Medinox, Inc. President of R&D and Global Botox Former
Medinox, Inc. Board of Directors Current
ACADIA Pharmaceuticals Inc. Director Current
Bay City Capital LLC Member of Bay City Capital's Scientific Advisory Board Current
The Keck Graduate Institute Member of the Board of Directors Current
Vestas Wind Systems A/S Board Member Current
Alexandria Real Estate Equities Inc. Board of Directors Current
Avalon Pharmaceuticals, Inc. Board of Directors Current
Coloplast A/S Board Member Current
Acucela Board of Directors Current
Bay City Capital LLC Member Current
Allergan, Inc. President Former
Allergan, Inc. Executive Vice President Former
Oxford Bioscience Partners Founder Former
Human Genome Sciences, Inc. Founder Former
Oxford Partners General Partner Former
Indiana University Former
Psychiatric Genomics Former
Allergan, Inc. Board of Directors Former
University of Nottingham D.Sc. In Biological Chemistry Former
University of California, Los Angeles PhD in organic chemistry Former
University of California, Los Angeles M.S. and Ph Former
The Keck Graduate Institute member Former

Organization Position Status
ACADIA Pharmaceuticals Inc. Board of Directors Current
ACADIA Pharmaceuticals Inc. President Former
University of Vermont Ph.D. in Pharmacology Former

Organization Position Status
Telik, Inc. President, Gray Strategic Advisors, Llc Current
Gray Strategic Advisors, LLC President Current
Raymond James Ltd. Senior Vice President Current
Informed Investors, Inc. Senior Vice President at Raymond James Current
Acadia, Inc Chairman Current
GTC Biotherapeutics, Inc. Director Current
Dyax Corp. Board of Directors Current
Hereditary Angioedema Board of Directors Current
Telik, Inc. Director Current
ACADIA Pharmaceuticals Inc. Director Current
Hereditary Angioedema Founder and President, Gray Strategic Advisors, Llc Former
Biologic Company President Former
Kidder, Peabody & Co. Vice President Former
Gray Strategic Advisors, LLC Founder Former
Kidder, Peabody & Co. Sell, Side Biotechnology Analyst Former
NeoRx Corporation Senior Scientist Former
Dillon Read Senior Biotechnology Analyst Former
Raymond James & Associates, Inc. Senior Biotechnology Analyst Former
Biologic Company Analyst Former
Raymond James Financial, Inc. Former
Schering-Plough Corporation Former
Warburg Dillon Read Former
National Cancer Institute Former
Battelle Memorial Institute Former
University of Vermont Ph.D. In Pharmacology Former
University of South Carolina BS In Biology Former

Michael T. Borer has served as a director of our company since September 2005. Mr. Borer served as Chief Executive Officer and President of Xcel Pharmaceuticals, Inc., a specialty pharmaceutical company focused on prescription products that treat disorders of the central nervous system, until the sale of the company to Valeant Pharmaceuticals International in early 2005. Prior to founding Xcel in early 2001, Mr. Borer served as Senior Vice President and Chief Financial Officer of Dura Pharmaceuticals, Inc. and held other management positions there from 1994 through 2000. Prior to Dura, Mr. Borer spent 12 years in public accounting with Deloitte & Touche in its audit services group. He holds a bachelor's degree in accounting from San Diego State University.

Organization Position Status
ACADIA Pharmaceuticals Inc. Director Current
Xcel Pharmaceuticals, Inc. Chief Executive Officer Former
Xcel Pharmaceuticals, Inc. President Former
Dura Pharmaceuticals, Inc. Chief Financial Officer Former
Dura Pharmaceuticals, Inc. Senior Vice President Former
XCEL Corp. Founder Former
Deloitte Touche Tohmatsu Former
San Diego State University Bachelor's Degree In Accounting Former

Paul S. Anderson, a director since 2002, is former vice president at Bristol-Myers Squibb. Previously, he was VP for chemistry at Merck's West Point, PA facility, and senior VP for DuPont Pharmaceuticals. He has been involved in research leading to Zocor, Trusopt, Aggrastat, Crixivan and Sustiva. He has a Ph.D. from the University of New Hampshire.

Organization Position Status
Albany Molecular Research, Inc. Member, Chair Current
Chemical Heritage Foundation Board of Directors Current
MDS Inc. Board of Directors Current
Albany Molecular Research, Inc. Director Current
Gordon Research Conferences Board of Directors Current
Amira Pharmaceuticals Inc Board of Directors Current
ACADIA Pharmaceuticals Inc. Board of Directors Current
Kemia, Inc. Board of Directors Current
Centrose LLC Board of Directors Current
Chemical Heritage Foundation Member Current
New York Academy of Sciences Fellow Current
American Chemical Society President Former
Physical Sciences Inc. Senior Vice President Former
Drug Discovery Vice President Former
Bristol-Myers Squibb Company Vice President of Drug Discovery Former
Bristol-Myers Squibb Company Site Head Former
American Chemical Society Chairman Former
University of New Hampshire Ph.D. Degree In Organic Chemistry Former
University of Vermont B.S. Degree In Chemistry Former

Torsten Rasmussen has served as a director of our company since April 1998. Mr. Rasmussen has been President and CEO of Morgan Management ApS, a management advisory and consulting company, since 1997. Prior to founding Morgan Management ApS in 1997, Mr. Rasmussen held the position of Executive Vice President, Operations at the LEGO Group (LEGO A/S) in Denmark, since 1981. He currently serves as a board member in the capacity of chairman, deputy chairman or ordinary board member of a number of Danish companies of which the following are quoted on the Danish Stock Exchange: Coloplast A/S, Bang & Olufsen A/S, TK Development A/S, Vestas Wind Systems A/S and A/S Det Oestasiatiske Kompagni. Mr. Rasmussen holds an M.B.A. from IMD in Lausanne, Switzerland.

Organization Position Status
ACADIA Pharmaceuticals Inc. Board of Directors Current

Executive News

  • ACADIA Pharmaceuticals, Inc. (ACAD), Biovail Corporation (BVF)'s Psychosis Drug Misses Primary Goal 9/1/2009

    BioSpace - 9/02/09 - View Story

  • Biovail stumbles on Phase III testing for Parkinson's drug

    Globe Investor - 9/02/09 - View Story

  • UPDATE 3-Acadia psychosis drug misses main goal; shrs sink

    Reuters - 9/01/09 - View Story

  • Biovail anti-psychosis drug misses mark

    Financial Post - 9/01/09 - View Story

  • Acadia shares fall on failed Parkinson's study

    San Jose Mercury News - 9/01/09 - View Story

  • Acadia shares fall on failed Parkinson's study

    Washington Post - 9/01/09 - View Story

  • ACADIA Pharmaceuticals, Inc. (ACAD), Biovail Corporation (BVF)'s Psychosis Drug Misses Primary Goal

    BioSpace - 9/01/09 - View Story

  • UPDATE 2-Acadia psychosis drug misses main goal; shrs sink

    Reuters - 9/01/09 - View Story

  • ACADIA Pharmaceuticals Announces Results from Phase III Trial of Pimavanserin in Parkinson's...

    Forbes.com - 9/01/09 - View Story

  • ACADIA Pharmaceuticals Announces Results from Phase III Trial of Pimavanserin in Parkinsons Disease Psychosis

    Business Wire - 9/01/09 - View Story

  • UPDATE 1-Dainippon schizophrenia drug meets trial goals

    Forbes.com - 8/26/09 - View Story

  • UPDATE 1-Dainippon schizophrenia drug meets trial goals

    Reuters - 8/26/09 - View Story

  • Lurasidone Demonstrated Efficacy in Treating Patients With Schizophrenia in Pivotal...

    Reuters - 8/26/09 - View Story

  • Dainippon schizophrenia drug meets goals in trial

    Forbes.com - 8/26/09 - View Story

  • Lurasidone Demonstrated Efficacy in Treating Patients With Schizophrenia in Pivotal Phase 3 Study

    PR Newswire - 8/26/09 - View Story

  • ACADIA Pharmaceuticals Reports Second Quarter 2009 Financial Results

    Business Wire - 8/05/09 - View Story

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     ACAD $1.18 +0.00 (0.17% )
Average Volume 823,893
Shares Outstanding 38.27M
Market Cap 45.2M
Year High 6.6
Year Low 0.75
Earnings Per Share -1.34
P/E Ratio -0.88
Dividend N/A
Yield N/A
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